Post by Logan on Apr 3, 2017 3:49:24 GMT -6
Nevada liquor wholesalers not ready to jump on board with marijuana sales
Liquor wholesalers were slated to cash in on Nevada’s new legal marijuana market.
But those companies seem spooked about jumping on the cannabis train, according to a notice from the Department of Taxation. And with recreational cannabis sales slated to start July 1, the state must look elsewhere for marijuana middle-men to make sure the new industry can operate.
Because of the lack of interest from liquor wholesalers, the department will accept marijuana distribution applications from medical marijuana license holders, according to the industry notice.
The voter-approved ballot initiative gave liquor distributors first dibs on marijuana distribution licenses, meaning they would act as the wholesalers between cultivators, production companies and retail shops.
Read more: www.reviewjournal.com/news/pot-news/nevada-liquor-wholesalers-not-ready-jump-board-marijuana-sales
Liquor wholesalers were slated to cash in on Nevada’s new legal marijuana market.
But those companies seem spooked about jumping on the cannabis train, according to a notice from the Department of Taxation. And with recreational cannabis sales slated to start July 1, the state must look elsewhere for marijuana middle-men to make sure the new industry can operate.
Because of the lack of interest from liquor wholesalers, the department will accept marijuana distribution applications from medical marijuana license holders, according to the industry notice.
The voter-approved ballot initiative gave liquor distributors first dibs on marijuana distribution licenses, meaning they would act as the wholesalers between cultivators, production companies and retail shops.
Read more: www.reviewjournal.com/news/pot-news/nevada-liquor-wholesalers-not-ready-jump-board-marijuana-sales